The team from NMIMS won the coveted trophy after a grueling final round of the competition, which saw participation from over 9000 students of the elite business schools and engineering institutes in the country.

As per the data released by the Society of Indian Automobile Manufacturers (SIAM), TVS Motor sold 249,077 units in April-June to become the second largest scooter seller in India beating Hero Motocorp which sold 209790 units.

As the call for women empowerment gets louder, these major two-wheeler manufacturers are responding with an aim to create a culture where women can stand shoulder to shoulder with their male counterparts to contribute to the growth of the companies.

Looking at the market capitalization HeroMotoCorp chairman would be among the promoters who took highest percentage of market cap as salary. The market capitalisation of Infosys is Rs 212,329 crore which is nearly three times more than the Hero Motorcorp's which is Rs 73,648 crore. While the market cap for Reliance stands at Rs 454,713 crore which is nearly six times of the Hero MotoCorp's market cap.

Ather Energy CEO Tarun Mehta said: "Padmanabhan has a strong knowledge base of operational requirements for the automotive company, especially two-wheelers. His network and his experience in the industry is a valuable asset for a young company."

Hero MotoCorp Chairman, MD and CEO Pawan Munjal took home a salary of Rs 59.66 crore in 2016 -17, up 3.94 per cent from the previous fiscal. According to the company's annual report for 2016-17, the ratio of Munjal's pay to the median remuneration of employees was 731.

With good monsoons forecast this year, rural sales should give a leg up to the traditional UV market, LCVs and motorcycles dependent on agricultural demand, with more disposable income to spend. Moreover, with the GST regime set to tax SUVs at a lower rate compared to smaller cars, the SUV market is expected to boom. Other vehicle segments are also expected to benefit as a spin-off.

With monsoon already hitting some parts of the country and forecast of normal rains this year, the industry is expecting a boost in demand and consumption in the rural markets.Having lined up a slew of new launches across various segments, Hero is confident of maintaining the growth trajectory in the coming months.